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Border Petroleum Ltd BOPFF

Energy Oil & Gas E&P
Border's new growth strategy is to target oil and gas assets that are characterized by reservoirs with proven reserves with low recovery factor to date. These assets allow for low risk development opportunities to increase production, cash flow and add reserve value. Border's corporate strategy will in return increase shareholder value and help build a strong stable cash flow and balance sheet.


GREY:BOPFF - Post by User

Border Petroleum Ltd
Bullboard Posts
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(3)
•••
Comment by Public_Heelon Sep 04, 2012 5:27pm
308 Views
Post# 20316760

RE: More Dilution!

RE: More Dilution!

Looks good to me. Obviously, they needed to raise money. They did it with very low share price depreciation. Now, they have the money to go out and turn some of those 39m bbl of 2C into 2P.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities